Risks of Single Country ETFs

Wall Street Journal published an article about the risks of investing in single country ETFs pointing out that in many of these funds "a large percentage of the assets are invested in only a few stocks or sectors. Returns are magnified when those companies or sectors perform well, but so are losses when the underlying investments do badly. Amplifying the dangers, foreign economies and political situations are by definition harder for the average U.S. investor to research and follow closely." Worth the read. Link to the article Also worth reading is Random Roger's comments on the same article.